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Sensex Jumps 905 Points on US Fed Rate Pause and Slower FPI Outflows

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Indian equity markets rallied sharply, with the Sensex gaining 905 points, after the US Federal Reserve held interest rates steady. The easing of foreign portfolio investor (FPI) selling also helped restore investor confidence. Market sentiment improved as risk appetite grew among investors. However, the report notes that external challenges continue to weigh on the outlook.

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